Donald Trump’s tariff wars deal a blow! US economy shrinks...

Dununu.com Dununu

Commandité

Donald Trump’s tariff wars deal a blow! US economy shrinks 0.5%; worse than estimates

RSS Feed International

Posté

53

The US economy contracted by 0.5% in the first quarter of 2025, primarily due to a surge in imports spurred by President Trump's trade war. This import surge, up 37.9%, significantly dragged down GDP, marking the first quarterly decline in three years. Despite the downturn, economists anticipate a rebound in the second quarter, projecting a 3% growth.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

MLC 2025: Ricky Ponting turns waterboy for son - WATCH

Ricky Ponting's son, Fletcher, showcased impressive batting skills during a net session with...

Par 0 5

MLC: Freedom survive last-ball thriller to create history; move closer to playoffs

Washington Freedom clinched a nail-biting five-wicket victory against LA Knight Riders in a...

Par 0 5

Kannappa takes lead over Maa in morning shows

Vishnu Manchu's mythological action film 'Kannappa' has taken an early lead at the Indian box...

Par 0 7

‘F1’ Twitter Reviews: Pitt starrer hailed as ‘pure adrenaline’

Brad Pitt's racing film, F1, has premiered globally, sparking mixed reactions. While some viewers...

Par 0 7

Jaishankar's veiled dig at Rahul: Slams 'Constitution in hand' politics; blames Gandhi family for Emergency

Par 0 8